The #1 Thing Holding Entrepreneurs Back With Tom Marino
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Summary
In this conversation, Ryan Englin and Tom Marino discuss the challenges faced by entrepreneurs in finding work-life harmony and growing their businesses. They debunk the myth that entrepreneurs have to do it all themselves and emphasize the importance of delegating tasks to a competent team.
Tom highlights the need for systems and processes to ensure consistent quality and efficiency. He also stresses the importance of branding, prospecting, sales, production, and building relationships in running a successful business.
Tom shares insights on hiring and retaining employees, and the importance of investing in people to achieve time freedom. The conversation concludes with an offer for listeners to receive a free copy of Tom's book, “The Atomic Game Changer,” and to schedule a free 30-minute consultation with Atomic Business Coaching.
Takeaways
· Entrepreneurs should delegate tasks to a competent team instead of trying to do everything themselves.
· Systems and processes are essential for consistent quality and efficiency in business operations.
· Branding, prospecting, sales, production, and building relationships are the core activities every business owner should focus on.
· Hiring and retaining employees who can do 60-80% of what you do is crucial for business growth.
· Investing in employees is an investment in time freedom and can lead to significant returns.
Chapters
00:36 The Biggest Myth: Doing It All Yourself
04:22 The Challenges of Running a Business
05:37 The Need for Training and Education
07:02 The Five Core Things Every Business Owner Needs to Do
08:43 The Importance of Branding and Reputation
10:33 Finding Employees Who Can Do 60-80% of What You Do
11:41 Surrounding Yourself with People Better Than You
13:14 Employees as Investments in Time Freedom
14:39 The ROI of Investing in Employees
15:56 The Entrepreneurial Roller Coaster
16:41 Deciding What to Delegate
23:15 “Atomic” Offers
Connect With Tom:
Website: https://www.atomicbusinesscoaching.com
LinkedIn: https://www.linkedin.com/in/tom-marino-06957a29/
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